# MOUNTAIN 1ST BANK&TRUST CO
HENDERSONVILLE, NC · FDIC certificate 57763 · asset band $300M-1B · latest filing 2013-12 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 10 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $643.3M | |
| Deposits | $630.4M | |
| Loans and leases | $339.4M | |
| Total equity | $9.2M | |
| Loans / deposits | 52.60% (p11 of band) | 77.63% |
| Liquid assets / assets | 42.76% (p80 of band) | |
| Uninsured deposits / deposits | 6.89% (p9 of band) | 18.22% |
| Brokered deposits | 0.03% | |
| Wholesale funding | 0.09% (p13 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 3.32% (p1 of band) | 9.92% |
| Unrealized securities loss / equity | -133.83% (p0 of band) | -1.24% |
| AOCI / equity | -148.24% (p0 of band) | |
| ROA (annualized) | 0.47% (p21 of band) | 0.83% |
| Net interest margin | 3.08% (p20 of band) | 3.59% |
| Efficiency ratio | 83.48% (p83 of band) | |
| Noncurrent loans | 6.29% (p96 of band) | 1.18% |
| Net charge-offs (annualized) | 0.56% (p90 of band) | |
| Reserve coverage of noncurrent | 36.52% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 524.18% (p100 of band) | |
| Auto loans | $220,000 (0.06% of loans; DQ 13.18%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -7.8% | |
| Employees | 118 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **AOCI drag >20% of equity** (`cap_aoci`)
- **securities losses >30% of equity** (`cap_secloss`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 7 | leverage <7%, leverage <5%, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 7 |  |  |
| 2011-09 | 9 | capital falling, losing money |  |
| 2011-12 | 9 |  |  |
| 2012-03 | 6 |  | charge-offs p90, capital falling, losing money |
| 2012-06 | 5 |  | noncurrent p90 |
| 2012-09 | 5 |  |  |
| 2012-12 | 6 | noncurrent p90 |  |
| 2013-03 | 6 |  |  |
| 2013-06 | 8 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2013-09 | 10 | deposits shrinking, assets shrinking |  |
| 2013-12 | 10 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57763 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/35.json (key "57763", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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